FedEx Drops Amazon

[RoadTime]

In a rather surprising move FedEx is dropping Amazon as a customer domestically.
I'm sure others will gladly want a part of close to a Billion dollars of this business

FedEx drops Amazon U.S. delivery contract. Here’s why you shouldn’t care

FedEx decided to bail on renewing its Amazon U.S. domestic express delivery contract. There's no change in the agreements for international services, but FedEx chose to walk away from nearly $850 million in revenue. What difference does FedEx's "strategic decision" mean for your Amazon Prime...

www.digitaltrends.com

 

[FlyingVan]

Good move from FedEx in my opinion. I'm pretty sure that Amazon got a good deal from FedEx based on volume. Amazon packages were the equivalent of cheap freight in expediting. Better focus on smaller customers where they are left with more profit.

Sent from my VS995 using Tapatalk

 

[EYDJ]

Amazon was 1.3% of FedEx’s volume.

 

[Ragman]

Looks like others are balking at working with Amazon.

Truckers say Amazon's new logistics empire is being underpinned by low, 'ridiculous' rates — and some are refusing to work with them

"I love Amazon," one trucking company executive said. "I get all of my stuff off of Amazon, but I don't want to do business with them."

www.businessinsider.com